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$8 Billion Dollar iPod Myth: Trending TED Talk Comedian Tackles Fuzzy Math

$8 Billion Dollar iPod Myth: Trending TED Talk Comedian Tackles Fuzzy Math

  • Comedian Rob Reid takes on the fuzzy math of the music industry lobby's claims that music piracy costs hundreds of thousands of jobs and even more in economic loses. The music industry lobby group, the Recording Industry Association of America, is notorious for claiming enormous sums in economic losses, and has had a hit or miss record trying to defend such claims in court. In one case, a court rejected the RIAA's calculations, stating,

    Plaintiffs are suggesting an award that is more money than the entire music recording industry has made since Edison's invention of the phonograph in 1877

    Naturally, the relatively anti-RIAA social media community is raving out Reid's talk. Watch it below:

  • — Lessig (@lessig) March 15, 2012

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